Frequently Asked Questions
Q. What is the Women’s Fund?
A. The Women’s Fund established an endowment in 1998 within the La Crosse Community Foundation. It is a partnership of donors, grantees and volunteers working to support programs for women and girls. The Women’s Fund:
Q. What is an endowment?
A. An endowment lasts forever and allows for your gift to keep on giving…and giving…and giving. An endowment is a fund of money (like a never-ending, always-growing savings account) that is set aside PERMANENTLY. Its assets are invested for the purpose of earning and providing income for generations to come! Think of the interest you’d earn on your own savings account and then think about a large savings account that grows into many thousands of dollars. It is these perpetual earnings, derived from the monies invested in the endowment that allow us to provide annual dollars through grants to non-profit programs. And, of course, when the endowment grows (through your generous gifts), so do the earnings accrued for dispersal.
Q. What is a named fund?
A. Under the umbrella of the Women’s Fund, donors can create named funds to improve the lives of women and girls through the grants allocated by the Women’s Fund Board. You can start your own named fund with just $1,000. The named fund will begin to generate dividends after it has reached $10,000. This fund can be established over a period of 10 years.
Q. Why target programs for women?
A. Our goal is to increase the financial resources available to programs for women and girls in our region now and in the future. Despite the dramatic advancement of women in recent decades, women are still far more likely than men to be homeless, live in poverty, be unemployed or under-employed, face violence, or live in substandard housing and have inadequate health care. We will work to increase literacy, prevent violence, promote social, educational, physical, and emotional health and well-being; and encourage artistic and personal growth and economic self-sufficiency for women of all ages.
21 million of the 37 million Americans living in poverty are women. More than 4 million of those women are single mothers, heading more than half of all poor American families (Census Bureau, 2006)
Women still earn only 77 cents for every dollar earned by men. For women of color, the gap is even worse – African American women earn $.71 and Latinas $.58 (IWPR and others 2007)
Women are 45% more likely than men to live in poverty (Census Bureau, 2007)
Q. Is the Women’s Fund one-of-a-kind?
A. The Women’s Fund of Greater La Crosse is part of a fast-growing national movement. In recent years, more than 105 women’s funds have been created, representing assets of more than $96 million and grant making of almost $13 million. Currently in Wisconsin, there are Women’s Funds established in Appleton, Fond du Lac, Fox Valley, Green Bay, Madison, Milwaukee and Oshkosh.
Q. How can I support the Women’s Fund?
A. There are many ways to donate.
You may want to consider giving through: